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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 28, Wethersfield Road, Colchester is a early-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 28, Wethersfield Road, Colchester is £185,481 and the estimated rental value is £1,057 per month.
Wethersfield Road, Colchester, CO2 is located in the borough of Colchester within the CO2 postal district.
28, Wethersfield Road, Colchester has 21 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 28, Wethersfield Road, Colchester is in very good condition we estimate a sale value of £194,755 and a rental value of £1,110 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,497 and a rental value of £983 per month.
Over the last 12 months the sale value of 28 Wethersfield Road Colchester has increased by an estimated £1,374 (0.7%) and its rental value has increased by an estimated £31 per month (2.9%), giving an expected gross yield of 6.8%.
28, Wethersfield Road, Colchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 28, Wethersfield Road, Colchester was last sold on 11th December 2023 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Wethersfield Road, Colchester within a radius of 570 metres over the last 2 years.
The most recent example is 24, William Harris Way, Colchester, CO2 8WJ, a leasehold flat which sold for £165,000 on the 9th December 2022.
Read more about house prices in CO2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wethersfield Road, Colchester, CO2 has a total of 34 addresses. According to our analysis of all the public data, 28, Wethersfield Road, Colchester is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in CO2.
The closest station to 28, Wethersfield Road, Colchester is Colchester Town station which is 3.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 28, Wethersfield Road, Colchester, 36.3% of property is privately owned outright and 31.1% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 28, Wethersfield Road, Colchester, 14.6% of residents are recorded as possessing school level qualifications and 24.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 28, Wethersfield Road, Colchester, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 28, Wethersfield Road, Colchester, 0.3% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 28, Wethersfield Road, Colchester, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
